The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS20/12 to extend the implementation deadlines for the Certification Regime and Conduct Rules. This regulatory change provides firms with additional time to comply with the new requirements originally set for the SM&CR framework. The extension aims to mitigate operational burdens on firms while ensuring the continued effectiveness of the conduct standards.
Open consultation: CP20/10
17/07/2020
Consultation closed
14/08/2020
Policy statement and Handbook rules
28/10/2020
28/10/2020